The Confirmation of Deposit Letter is a crucial banking document used in the German market to formally document and confirm the establishment or maintenance of a deposit account relationship between a financial institution and its customers. This document is required by German banking regulations and serves multiple purposes: it provides official confirmation of the deposit account's existence, details the terms and conditions of the deposit, includes mandatory regulatory disclosures, and serves as a reference document for both the bank and the account holder. The letter must comply with German banking laws, including the Kreditwesengesetz (KWG) and relevant EU regulations, particularly regarding deposit protection schemes and consumer protection requirements. It's commonly used for both individual and corporate accounts, and may be required for audit purposes, legal documentation, or regulatory compliance.

1. Bank Details and Letter Header: Bank's official letterhead, including full legal name, address, registration details, and regulatory information

2. Date and Reference: Current date and unique reference number for the confirmation letter

3. Customer Information: Full name and address of the account holder(s)

4. Account Details: Specific information about the deposit account including account number, IBAN, type of account

5. Deposit Information: Details of the deposit including amount, currency, interest rate, term (if applicable), and effective date

6. Terms and Conditions Reference: Reference to the applicable general terms and conditions of the bank

7. Deposit Protection Notice: Mandatory information about deposit protection scheme coverage

8. Closing and Signatures: Formal closing, bank representative signatures, and contact information for queries